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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 30, 1949
Page
8
Discussions on wage settlements at Poca Fuel stalled as the management and workers’ committee failed to reach agreement. The standoff involves proposals from both sides and concerns over the production workforce and a 19,000 payroll figure.
A damaged OCR fragment mentions people and places in unclear order with missing context. The readable bits hint at names and locations but no complete event or outcome is discernible.
Chicago totals show hogs 9,000 with top 21.60 and bulk 170-240 Ib at 20.75-21.50, 250-2770 Ib at 19.75-20.50, heavier weights scarce and sows under 350 Ib at 17.00-18.00. Cattle 9,500 and salable calves 509, sheep 1,000 with slaughter lamb market not established. Virgin Islands note ends fragment.
In Chicago on June 29 cash wheat prices rose modestly across major markets aiding futures on the board. July and September contracts advanced more than a cent while May held steady. Prices listed for corn and oats reflect varied No 1 to No 4 grades and assorted white and mixed varieties.
Financial and commodity exchanges nationwide will be closed Monday July 4. The report notes that in 1940 fifty seven percent of Americans lived in urban areas, up seventeen percent since 1900.
The market recovered from Tuesday’s decline with fractional gains led by the industrial group. U S Steel and General Motors rose while rail and utility shares held steady. government bonds rallied on open market committee hints.
Prices for eggs show total 17 357 irregular. Whites and browns list top wholesale quotes for extra fancy heavyweights and fancy heavyweights with margins for other grades. Butter at 841 310, creamery butter prices higher for top scores with AA 61 fracents? 92 score and lower scores shown. Wholesale bulk cartons noted.
Defense secretary Louis A Johnson will headline the West Virginia American Legion convention in Wheeling. The Clarksburg native and former national commander will speak July 4 afternoon at Island Stadium after the Legion parade, with national commander S Perry also on the program.
An additional 168 men will be laid off at the Norfolk and Western railway shops in Bluefield. The total layoffs reach about 408 workers, roughly 55 percent of shop staff, with the car department hardest hit by 148 losses. Other trades like welders and machinists are affected while non coal traffic remains lightly staffed until mines resume activity.
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